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Saudi Market Records: 27 Stocks Fall
Today, the Saudi stock market experienced sharp declines, leading 27 stocks to reach their lowest historical levels amid widespread selling pressure. The "Taqat" stock topped the losers list, dropping by 11.91% to 5.99 riyals, while shares of other companies like "Tashil," "Manoula," and "Toby" also saw significant declines, accompanied by heavy trading in some stocks. The cement sector also recorded unprecedented lows, with "Tabuk Cement," "Al Jouf Cement," and "Riyadh Cement" falling to their lowest points. These declines are part of a strong wave of selling in the market, with continued pressure on stocks with medium market capitalizations and others.
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